Corporate Resource Services Inc (CRRS) Financial Statements (2024 and earlier)

Company Profile

Business Address 160 BROADWAY, 13TH FLOOR
NEW YORK, NY 10038
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7363 - Help Supply Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2014
MRQ
12/31/2013
9/30/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 3226
Cash and cash equivalents 3226
Receivables 109,88921,846
Prepaid expense and other current assets252
Deferred tax assets 29 
Other current assets 1,220
Other undisclosed current assets (29)7,958
Total current assets: 111,14130,082
Noncurrent Assets
Property, plant and equipment 1,2851,033
Long-term investments and receivables 1,952 
Long-term investments 1,952 
Intangible assets, net (including goodwill) 28,22816,389
Goodwill 19,68210,393
Intangible assets, net (excluding goodwill) 8,5465,996
Other noncurrent assets 520
Prepaid expense and other noncurrent assets341
Deferred tax assets, net (29) 
Other undisclosed noncurrent assets 29 
Total noncurrent assets: 31,98517,763
TOTAL ASSETS: 143,12647,845
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 7,5785,706
Taxes payable 1,612 
Accounts payable 2,128 
Accrued liabilities 440 
Other undisclosed accounts payable and accrued liabilities 3,3985,706
Debt 3,7592,105
Deferred revenue and credits 348 
Due to related parties 748 
Other liabilities 2,845 
Other undisclosed current liabilities 80,37422,879
Total current liabilities: 95,65230,690
Noncurrent Liabilities
Long-term debt and lease obligation 1,0692,256
Long-term debt, excluding current maturities 1,0692,256
Liabilities, other than long-term debt 15,036160
Deferred revenue and credits  160
Due to related parties 15,000 
Other liabilities 36 
Other undisclosed noncurrent liabilities 4,495 
Total noncurrent liabilities: 20,6002,416
Total liabilities: 116,25233,106
Equity
Equity, attributable to parent, including: 26,87414,739
Additional paid in capital 31,76022,543
Accumulated other comprehensive income 74 
Accumulated deficit (4,976)(7,818)
Other undisclosed equity, attributable to parent 1614
Total equity: 26,87414,739
TOTAL LIABILITIES AND EQUITY: 143,12647,845

Income Statement (P&L) ($ in thousands)

9/30/2014
TTM
12/31/2013
9/30/2012
Revenues
(Revenue, Net)
 819,673639,795
Cost of revenue (723,297)(27,476)
Cost of goods and services sold (6,064)(27,476)
Other undisclosed gross profit  (537,552)
Gross profit: 96,37674,767
Operating expenses (32,389)(30,113)
Other undisclosed operating loss (53,380)(42,505)
Operating income: 10,6072,149
Nonoperating expense
(Other Nonoperating expense)
 (140)(544)
Interest and debt expense (4,446)(4,102)
Other undisclosed loss from continuing operations before equity method investments, income taxes (2,663) 
Income (loss) from continuing operations before equity method investments, income taxes: 3,358(2,497)
Other undisclosed income from continuing operations before income taxes 30 
Income (loss) from continuing operations before income taxes: 3,388(2,497)
Income tax expense (612) 
Income (loss) from continuing operations: 2,776(2,497)
Income (loss) before gain (loss) on sale of properties: 2,776(2,497)
Net income (loss): 2,776(2,497)
Other undisclosed net loss attributable to parent  (877)
Net income (loss) available to common stockholders, diluted: 2,776(3,374)

Comprehensive Income ($ in thousands)

9/30/2014
TTM
12/31/2013
9/30/2012
Net income (loss): 2,776(2,497)
Comprehensive income (loss): 2,776(2,497)
Other undisclosed comprehensive income, net of tax, attributable to parent 74 
Comprehensive income (loss), net of tax, attributable to parent: 2,850(2,497)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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